![]() You also need to remember that most platforms will charge you either commission or spreads when purchasing any assets. However, if you are interested in purchasing it on platforms like eToro, this is not the only thing that you need to have in mind when buying your cryptos. How Much Does It Cost to Buy BNB?Īt the time of writing (November 26, 2021), Binance Coin’s price sits at $585.95. And, finally, Binance also holds Binance Coin buy-back events and burning events, which keep reducing the circulating supply and making coin more valuable. It is also paired with most other cryptocurrencies listed on the exchange, so it can serve as a gateway to accessing all other coins. Having BNB means getting a major discount on transaction fees on the platform’s exchange, and the ability to access and purchase all the new tokens that are being sold on the exchange’s launchpad. However, it only accepts BNB as a currency, which is why anyone who wishes to participate in it needs to own some. Also, Binance’s ecosystem is massive and filled with features. For one, it is a coin with excellent performance, as mentioned previously, which skyrocketed in 2021 from $37 to an ATH of $690 in only 5 months. There are numerous reasons to buy Binance Coin (BNB) and add it to your portfolio. This is a great place to invest in new cryptocurrencies that the exchange is launching.īinance Coin is one of the many cryptocurrencies that the exchanges created to serve as their native tokens, and it is by far the most successful token of this kind in the entire cryptocurrency industry. That means two different blockchains, the main exchange platform, as well as multiple subsidiaries that are scattered around the world.īinance also features a special launchpad, called Binance Launchpad. It is a coin that can be used throughout the exchange’s ecosystem. The exchange holds an e-money license from the FCA.īinance Coin is a native cryptocurrency of the Binance crypto exchange. Finally, look up Binance Coin on eToro’s platform and make your purchase. Next, deposit the funds that you plan to use for your initial investment. In order to trade on eToro, you need to verify your account by uploading an ID, driver’s license, or passport. The first thing that you need to do is open a free account on eToro’s platform. However, if you wish to use a traditional broker, we recommend turning to eToro. The answer is, of course, on Binance, or any other exchange that has it listed, such as Coinbase. ![]() ![]() Let’s start with where you can buy Binance Coin. If you wish to know how to buy BNB, or if you were wondering where can you buy Binance Coin, then this is the guide for you. Its price also surged considerably, making it a great choice for investing, too. However, in order to use it to the best of your ability and unlock all hidden perks of its entire ecosystem, you need its native cryptocurrency, the Binance Coin (BNB).īinance Coin has been very popular crypto for a long time, which even allowed it to climb all the way up to the top 10 list. Binance is the world’s largest cryptocurrency exchange by market cap – a position that it held for years, now. ![]()
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